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R 3 450 000

11 Bedroom House for Sale in Potchefstroom Central

Potchefstroom Central, Potchefstroom

Contact agent for street address

11
9
10
1 581 m²
- m²: 1 581 m²
- Hectares: 0.158 ha
- Acres: 0.391 acres

Contact Agent

Thabang Mosia

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Welcome to your future investment!

This spacious property has everything an investor could ask for; producing strong returns and yields, with very little to almost no risk. Current tenant contracts are in place for 2023, with applicable lease agreements and a month-to-month notice period.

The expenses are currently R60 000 p/a. Conservatively, the rental income produced by the property amounts to R379 200 p/a, with the potential for even more.

Let's take a tour of the property and the locational attributes:

• The property is located in a peaceful cul-de-sac in the heart of Potchefstroom Central, 1.5KM from the North-West University and within 2KM of all relevant and important amenities.

The expenses are currently R60 000 p/a. Conservatively, the rental income produced by the property amounts to R379 200 p/a, with the potential for even more.

Let's take a tour of the property and the locational attributes:

• The property is located in a peaceful cul-de-sac in the heart of Potchefstroom Central, 1.5KM from the North-West University and within 2KM of all relevant and important amenities.

• The stand size is 1581 sq. and the total building area is approximately 575 sq. The property features a main building of 444 sq. that is divided in two sections; each producing R6000 & R8000 p/m, respectively. There is a loft with its own entrance that is adjoined to the main house which can be rented out separately for even higher income!

• There are 5 additional units on the property, which comprise of 3x Bachelor Units generating R3000, R3600, and R3800 p/m. There are 2x One Bedroom Units generating R3500 & R3700 p/m, respectively.

Furthermore, there is a communal pool that is shared by all the tenants on the property, and there is also an automatic irrigation system to keep your lawn healthy and green!

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• The First Section of the Main House consists of:

• The Second Section of the Main House Consists of:

• Bachelor Unit Key Features:

Kitchenette | Bathroom | Pre-Paid Meter | Parking

• One Bedroom Unit Key Features:

Kitchenette | Bathroom | Living Area | Pre-Paid Meter | Parking

• Monthly Expense Breakdown

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Bedrooms: 11

Bathrooms: 9

Garages: 2

Parking: 8

Pet Friendly

Pool

Flatlet

Garden

Listing number: P24-112226373, Image number: 1, Image

Listing number: P24-112226373, Image number: 2, Aerial View of Property

Listing number: P24-112226373, Image number: 3, Image

Listing number: P24-112226373, Image number: 4, Image

Listing number: P24-112226373, Image number: 5, Image

Listing number: P24-112226373, Image number: 6, Image

Listing number: P24-112226373, Image number: 7, Image

Listing number: P24-112226373, Image number: 8, Image

Listing number: P24-112226373, Image number: 9, Image

Property Overview

Listing Number

112226373

Type of Property

House

Listing Date

23 January 2023

Erf Size

1 581 m²

Floor Size

575 m²

Rates and Taxes

R 1 200

Pets Allowed

Yes

Rooms

Bedrooms

Bathrooms

Kitchens

Reception Rooms

External Features

Garage

Parking

Garden

Yes

Pool

Yes

Building

Roof

Tile

Wall

Face-brick

Floor

Carpets, Tiled Floors

Other Features

Special Feature

Totally Walled

Flatlet

Yes

Points of Interest

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